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RED RESIDENCE Dubai Sports City Condo-Hotel Unit 1Bdr [ SOLD ]

 Region: Dubai Sports City

 Price: EUR € 230 000

 Bedrooms: 1

 Property Type: Apartment

 Development State: offplan

 
Features: Garden, Pool, Parking, Disabled Access, Terrace / Deck, Pets Allowed Amenities: Golf Course, Tennis Court, Schools, Shops, Bars & Restaurants, In vacation place, On a golf course, Near a golf course, 24 Hour security, Gymnasium, Childrens Swimming Pool, Near a Lake, By a Lake, In Spa Resort, Childrens Playground, Sauna, Jaccuzi, Architectural Reserve, In City, Garage, Near City, Near Town Description:
Key Features:

- Stunning fully furnished one bedroom apartment.(770sqft)

- 5 star quality luxury 282 room hotel located in Dubai Sports City.

- State of the art Health Spa and Pool area.

- Located with easy access to the Financial District.


- Within easy access of the Business District, Marina and Airport

- 24 hours security

- 24 hours room service

- Parking Space

- Fully managed by BridgeStreet Worldwide

- Non status finance available

- Golf, Tennis and more on your Door Step.


Investment Features:

- Initial 3 years 8% pa rental guarantee.

- The room will be leased back to Middle East Development for a period of 20 years with automatic option to renew

- The tower will yield high rental return via use of a world-wide reservation system and targeting the tourist market of Dubai.

- The owners rent will be paid yearly in arrears and will be 60% of the net profit generated from the operation of the rental program of the apartment for the preceding year. This equates to a minimum of 8% return on investment and will be guaranteed for the first 3 years by Middle East Development.

- Owner has up to 30 days personal usage per year.

- Dubai Sports City will become the breeding ground for champions, featuring world-class sports academies aimed at transforming young athletes into global competitors. Dubai Sports City in Dubailand is second to none and is located in the 3 billion square feet theme park being developed by Dubai Holdings, which will again ensure maximum demand for room nights. The professional management of MED combined with the use of a world-wide reservation system will provide a safe and reliable investment opportunity. This is a once-in-a-lifetime chance to own your very own apartment in a luxury Apartment Residence in Dubai Sports City whilst being guaranteed an annual income return on your investment.









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